Scope
Reference
NCCT43062
Description
Norfolk County Council, on its own behalf and on behalf of the Environment Agency (as Administering Authority of the Environment Agency Pension Fund), Essex County Council (as Administering Authority of the Essex Pension Fund), Hampshire County Council (as Administering Authority of the Hampshire Pension Fund), Surrey County Council (as Administering Authority of the Surrey Pension Fund) and Kent County Council (as Administering Authority of the Kent Pension Fund) has let a multi-provider, Framework Agreement for the provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS).
This Procurement was split into 5 Lots
Lot 1 - Actuarial Services
Lot 2 - Benefits Consultancy
Lot 3 - Governance Consultancy
Lot 4 Funding Risk Advisory Services
Lot 5 Consultancy Services to Support Specialist Projects
There is no guarantee of business.
Government has invited participation by Norfolk in the Local Government Review. This process has the potential to lead to unitary local government in Norfolk. The contract may be assigned or novated to any successor authority(ies) to Norfolk County Council or to any joint body incorporating or formed by any such successor. The County Council or a successor authority or joint body may order services on behalf of other local authorities serving any area within Norfolk's current geographical boundaries.
Commercial tool
Establishes an open framework
Lot 1. Actuarial Services
Description
Provision of Actuarial Services
Lot 2. Benefits Consultancy
Description
Provision of Benefits Consultancy
Lot 3. Governance Consultancy
Description
Provision of Governance Consultancy
Lot 4. Funding Risk Advisory Services
Description
Provision of Funding Risk Advisory Services
Lot 5. Consultancy Services to Support Specialist Projects
Description
Provision of Consultancy Services to Support Specialist Projects
Framework
Open framework scheme end date (estimated)
7 January 2034
Maximum percentage fee charged to suppliers
1%
Framework operation description
This is an Open Framework Agreement and as such it is subject to section 49 of the Procurement Act 2023 with regards to reopening of the Framework, evaluation of bids, and the term of the scheme of Frameworks.
The Framework will be re-opened at the following points:
Once during the period of 3 years from award of the first Framework under the scheme, and,
Within a period of 5 years beginning on the award of the second Framework scheme.
The final Framework will expire at the end of the period of eight years beginning with the day on which the first Framework under the scheme is awarded.
At the point of re-opening the Framework, the opportunity will be advertised on Find a Tender Service in accordance with the Procurement Act 2023.
Contracts awarded under the Framework may have a maximum total duration of 10 years. No contract awarded from the Framework will be permitted to extend beyond 6 January 2044 and must be awarded during the term of the Framework.
Each time a framework user has a requirement it will either:
hold a competition involving all suppliers capable of performing the contract. This will involve inviting bids from Suppliers on the Framework and will be scaled to the size and complexity of the requirement ("Further Competition") Contracting Authorities may appoint a single provider for one or more Lots.
or
directly award a contract to one supplier from information supplied in this Invitation to Tender and from the prices submitted in the price schedule ("Direct Award") (Lot 5 only)
The Council and any nominated users of the Framework. Agreement reserve the right to conduct Further Competitions using the Competitive Flexible procedure where appropriate.
The award criteria for further competitions will be set within the ranges
Quality
Minimum and maximum % - Can be between 50% and 80%
or
100% if using Price Per Quality Point
Sub-criteria - Actuarial Calculations and Monitoring, Providing Information and Advice, Working with Stakeholders, Reviewing Processes, Structures and Policies, Supporting Projects and Provisions of Services.
Sub-criteria % of overall score - To be determined at further competition.
Social Value, climate change and carbon reduction (if required) -Minimum and maximum % Can be between 0% and 60%
Sub-criteria - To be determined at further competition
Sub-criteria % of overall score - To be determined at further competition.
Cost Minimum and maximum % Can be between 50% and 20%
or not applicable if using Price Per Quality Point
Sub-criteria % of overall score - To be determined at further competition.
Award method when using the framework
Either with or without competition
Contracting authorities that may use the framework
As detailed in the Invitation to tender
Norfolk County Council and Suffolk County Council have approved a devolution deal which is expected to lead to the establishment of a Mayoral Combined County Authority with strategic powers, headed by an elected mayor. Subject to the government laying a Statutory Instrument and to its approval by Parliament to formally establish the new combined authority, the first Mayoral election is expected to be in May 2026.
Contracting authority location restrictions
- UK - United Kingdom
Contract 1. Actuarial Services
Lots
Lot 1. Actuarial Services
Suppliers (4)
Contract value
- £150,000,000 excluding VAT
- £180,000,000 including VAT
Framework lot values may be shared with other lots
Above the relevant threshold
Date signed
6 January 2026
Contract dates
- 8 January 2026 to 7 January 2034
- 8 years
Main procurement category
Services
CPV classifications
- 66519600 - Actuarial services
Contract locations
- UK - United Kingdom
Contract 2. Benefits Consultancy
Lots
Lot 2. Benefits Consultancy
Suppliers (5)
- Aon Solutions UK Ltd
- BARNETT WADDINGHAM LLP
- HYMANS ROBERTSON LLP
- MERCER LIMITED
- PAYMASTER (1836) LIMITED
Contract value
- £150,000,000 excluding VAT
- £180,000,000 including VAT
Framework lot values may be shared with other lots
Above the relevant threshold
Date signed
6 January 2026
Contract dates
- 8 January 2026 to 7 January 2034
- 8 years
Main procurement category
Services
CPV classifications
- 66520000 - Pension services
Contract locations
- UK - United Kingdom
Contract 3. Governance Consultancy
Lots
Lot 3. Governance Consultancy
Suppliers (5)
Contract value
- £150,000,000 excluding VAT
- £180,000,000 including VAT
Framework lot values may be shared with other lots
Above the relevant threshold
Date signed
6 January 2026
Contract dates
- 8 January 2026 to 7 January 2034
- 8 years
Main procurement category
Services
CPV classifications
- 66520000 - Pension services
Contract locations
- UK - United Kingdom
Contract 4. Funding Risk Advisory Services
Lots
Lot 4. Funding Risk Advisory Services
Suppliers (5)
Contract value
- £150,000,000 excluding VAT
- £180,000,000 including VAT
Framework lot values may be shared with other lots
Above the relevant threshold
Date signed
6 January 2026
Contract dates
- 8 January 2026 to 7 January 2034
- 8 years
Main procurement category
Services
CPV classifications
- 66520000 - Pension services
Contract locations
- UK - United Kingdom
Contract 5. Consultancy Services to Support Specialist Projects
Lots
Lot 5. Consultancy Services to Support Specialist Projects
Suppliers (10)
- Aon Solutions UK Ltd
- BARNETT WADDINGHAM LLP
- Government Actuary's Department
- GRANT THORNTON UK ADVISORY & TAX LLP
- HYMANS ROBERTSON LLP
- ISIO GROUP LIMITED
- KPMG LLP
- MERCER LIMITED
- PENFIDA LTD
- PRICEWATERHOUSECOOPERS LLP
Contract value
- £150,000,000 excluding VAT
- £180,000,000 including VAT
Framework lot values may be shared with other lots
Above the relevant threshold
Date signed
6 January 2026
Contract dates
- 8 January 2026 to 7 January 2034
- 8 years
Main procurement category
Services
CPV classifications
- 66520000 - Pension services
Contract locations
- UK - United Kingdom
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Suppliers
Aon Solutions UK Ltd
- Companies House: 4396810
122 Leadenhall Street
London
EC3V 4AN
United Kingdom
Email: catherine.pearce@aon.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Actuarial Services
Contract 2. Benefits Consultancy
Contract 3. Governance Consultancy
Contract 4. Funding Risk Advisory Services
Contract 5. Consultancy Services to Support Specialist Projects
BARNETT WADDINGHAM LLP
- Companies House: OC307678
- Public Procurement Organisation Number: PYQD-4559-PJCH
2 London Wall Place
London
EC2Y 5AU
United Kingdom
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Actuarial Services
Contract 2. Benefits Consultancy
Contract 3. Governance Consultancy
Contract 4. Funding Risk Advisory Services
Contract 5. Consultancy Services to Support Specialist Projects
Government Actuary's Department
- Public Procurement Organisation Number: PJVY-9952-JQGR
6th Floor, 10 South Colonnade
London
E14 4PU
United Kingdom
Email: GADCommercial@gad.gov.uk
Website: https://www.gov.uk/government/organisations/government-actuarys-department
Region: UKI42 - Tower Hamlets
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
GRANT THORNTON UK ADVISORY & TAX LLP
- Companies House: OC454533
- Public Procurement Organisation Number: PPLQ-5161-PCVN
8 Finsbury Circus
London
EC2M 7EA
United Kingdom
Email: publicsector.bids@uk.gt.com
Website: http://www.grantthornton.co.uk
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
HYMANS ROBERTSON LLP
- Companies House: OC310282
- Public Procurement Organisation Number: PYMN-5522-MWDX
One London Wall
London
EC2Y 5EA
United Kingdom
Email: bids@hymans.co.uk
Website: http://www.hymans.co.uk
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Actuarial Services
Contract 2. Benefits Consultancy
Contract 3. Governance Consultancy
Contract 4. Funding Risk Advisory Services
Contract 5. Consultancy Services to Support Specialist Projects
ISIO GROUP LIMITED
- Companies House: 12273083
- Public Procurement Organisation Number: PPGM-9431-PYHJ
10 Norwich Street
London
EC4A 1BD
United Kingdom
Email: bids@ISIO.com
Website: http://www.isio.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
KPMG LLP
- Companies House: OC301540
- Public Procurement Organisation Number: PMGV-6254-LTTL
15 Canada Square
London
E14 5GL
United Kingdom
Email: psopportunities@kpmg.co.uk
Website: http://KPMG.CO.UK
Region: UKI42 - Tower Hamlets
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
MERCER LIMITED
- Companies House: 00984275
- Public Procurement Organisation Number: PCZX-4442-DMXV
1 Tower Place West
London
EC3R 5BU
United Kingdom
Email: publicsectorwealth@mercer.com
Website: https://www.mercer.com/
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Actuarial Services
Contract 2. Benefits Consultancy
Contract 3. Governance Consultancy
Contract 4. Funding Risk Advisory Services
Contract 5. Consultancy Services to Support Specialist Projects
PAYMASTER (1836) LIMITED
- Companies House: 03249700
- Public Procurement Organisation Number: PDQT-7344-BNRP
Sutherland House
Crawley
RH10 1UH
United Kingdom
Email: Eqbidadmin@equiniti.com
Website: http://www.equiniti.com
Region: UKJ28 - West Sussex (North East)
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 2. Benefits Consultancy
PENFIDA LTD
- Companies House: 08020393
- Public Procurement Organisation Number: PNXP-6774-BHRD
Phoenix House
Reading
RG1 1NB
United Kingdom
Region: UKJ11 - Berkshire
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
PRICEWATERHOUSECOOPERS LLP
- Companies House: OC303525
- Public Procurement Organisation Number: PWXM-5926-GWLN
1 Embankment Place
London
WC2N 6RH
United Kingdom
Email: uk_tender_tracker@pwc.com
Website: http://www.pwc.co.uk
Region: UKI32 - Westminster
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 5. Consultancy Services to Support Specialist Projects
REDINGTON LIMITED
- Companies House: 06660006
- Public Procurement Organisation Number: PBGZ-9747-WBVL
1 Angel Court
London
EC2R 7HJ
United Kingdom
Email: localauthorities@redington.co.uk
Website: https://redington.co.uk/
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 3. Governance Consultancy
Contract 4. Funding Risk Advisory Services
Contracting authorities
Norfolk County Council
- Public Procurement Organisation Number: PDYH-3246-XWTR
County Hall, Martineau Lane
Norwich
NR1 2DH
United Kingdom
Email: sourcingteam@norfolk.gov.uk
Region: UKH15 - Norwich and East Norfolk
Organisation type: Public authority - sub-central government
Environment Agency
- Public Procurement Organisation Number: PNWW-1475-NYLN
Seacole Building, 2 Marsham Street
London
SW1P 4DF
United Kingdom
Email: procurement@defra.gov.uk
Region: UKI32 - Westminster
Organisation type: Public authority - central government
Essex County Council
- Public Procurement Organisation Number: PWVM-4844-NRQH
County Hall, Market Road
Chelmsford
CM1 1QH
United Kingdom
Region: UKH36 - Heart of Essex
Organisation type: Public authority - sub-central government
Hampshire County Council
- Public Procurement Organisation Number: PBHM-7586-PWLP
The Castle, High Street
Winchester
SO238UJ
United Kingdom
Region: UKJ36 - Central Hampshire
Organisation type: Public authority - sub-central government
Surrey County Council
- Public Procurement Organisation Number: PWRH-8974-TNBV
Woodhatch Place, 11 Cockshot Hill
Reigate
RH2 8EF
United Kingdom
Region: UKJ26 - East Surrey
Organisation type: Public authority - sub-central government
Kent County Council
- Public Procurement Organisation Number: PLDL-8938-YGYW
County Hall
Maidstone
ME14 1XQ
United Kingdom
Email: sourcingsupportteam@kent.gov.uk
Website: https://www.kent.gov.uk/
Region: UKJ45 - Mid Kent
Organisation type: Public authority - sub-central government